Ollie's Bargain Outlet Q4 Seen as Modest Net Positive, Unlikely to Shift Investor Views, RBC Says

MT Newswires Live00:02

Ollie's Bargain Outlet's (OLLI) fiscal Q4 results and outlook were a "modest net positive" but are unlikely to sway the opinions of investors that are bullish or bearish on the stock, RBC Capital Markets said in a note emailed Friday.

Following the results, RBC increased the company's fiscal Q1 Adjusted EPS estimate to $0.93 from $0.91.

The brokerage now expects 2026 comparable sales growth of 2.6%, up from 2.0% previously. It now expects 2026 and 2027 adjusted EPS of $4.50 and $5.15, compared with $4.60 and $5.25 previously. The investment firm also highlighted that management raised its long-term comparable sales outlook.

The company's management believes "they've hit an inflection point in the business (fueled by industry consolidation and greater scale), enabling more deliberate control over merchandise mix," the note said.

The investment firm also highlighted that, while analysts had largely modeled for mid-teens EPS growth, the company's confidence in sustaining that growth is a positive signal.

RBC has an outperform rating on Ollie's and lifted the company's price target to $155 from $147.

Price: 109.40, Change: +4.53, Percent Change: +4.32

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